Replies to post #3332 on Hydrogen Future Corp. (fka HFCO)

[blessed247]

Indeed! I too have done the research. Read the lawsuit they won, looked up the patents, and read the article from the Miami Herald of taking the house off the grid. If this company isn't legit, then this is the most elaborate fraud I've ever seen!

[Tecumseh]

Agreed and very good points which I did not mention. It is clear that HFCO is really pursuing the residential market, and given that they have been in the business for nearly a decade (though have been unable to produce anything thanks to good ole ReliOn) and have the tech, the facility, and patents, they really look like they will capture a huge portion of that market share once they get going. Their technology has already powered two homes during a demonstration several years back. One can only imagine where this company would be if ReliOn never came along and stalled them with the lawsuit and legal fees.

Also, like you said, the demand is now here. Ten years ago, a company could have had great fuel cell technology but would have been unable to sell it on a large scale because, financially, it was not as practical as other "dirty" methods. Now, not only is Hydrogen making its grand debut as an energy source (as we have seen with Plug and automakers who are now designing fuel cell cars), but as an added bonus, it also comes with the "go-green" label. In today's world it is trending that people are willing to pay the extra buck to reduce their carbon footprints. Even if this were not the case, soon Hydrogen methods will be much more cost-effective than natural gas prices which are going to continue to soar.

The proof is in the pudding. Plug made no money and produced nothing for 10 years, and were labeled as a scam and a joke. It is very easy to scream "scam" at a company worth pennies, and many people do. But the truth is, the demand for fuel cell technology has arrived, and companies which have made no money for the past several years because they have been investing their time and energy into creating something for the "futuristic hydrogen market" are finally getting their just reward.

That "future" is now. Plug had a head start because they are a much older company and had more time and more resources at their disposal to prepare for 2014. HFCO is almost there, and they are going after a whole other market, residential systems, which could very easily become quite a bit bigger than a company which sells forklifts to warehouses...

Just a thought. Good luck to everyone.